16, GREENRIGG CLOSE, FAVERDALE, DARLINGTON, DL3 0EF - £435,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 GREENRIGG CLOSE is a very large extended detached house of 199m², built sometime between 1996 and 2002. It was last sold for £435,000 in September 2023, which was around 68% above the average September 2023 detached price in the Darlington local authority area. The most recent EPC inspection was January 2023, where the current energy rating was B, and the potential energy rating was B.

16 GREENRIGG CLOSE Sold Prices

Land registry data shows two sales for 16 GREENRIGG CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. Both of the two 16 GREENRIGG CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 29 SEP	£435,000	£259,436	68% above HPI
2002 12 APR	£128,000	£107,841	19% above HPI

16 GREENRIGG CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Darlington local authority area over time, sourced from the HPI. The two 16 GREENRIGG CLOSE sales from April 2002 and September 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2023 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 16 GREENRIGG CLOSE?

16 GREENRIGG CLOSE is 199m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses in Darlington, based on EPC data. The below chart shows the distribution of detached houses by size in Darlington, and where 16 GREENRIGG CLOSE lies on this distribution: 93% of detached houses are smaller than 16 GREENRIGG CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Darlington.

16 GREENRIGG CLOSE: Plot and Title Map

16 GREENRIGG CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 16 GREENRIGG CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 GREENRIGG CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 GREENRIGG CLOSE?

16 GREENRIGG CLOSE is located in FAVERDALE, in the DL3 postcode district. The below map shows the position of No. 16 on GREENRIGG CLOSE.